RE: buys12 Dec 2016 11:45
Thanks for an excellent post, Johnny. I think the trouble here with possibly venturing in at a seemingly bottom low, is that these guys in the finance area are always a step ahead of mortals and they are also fine wordsmiths.
Tenon a prime past example of how how many lost so much - didn't they also do a rinse and repeat the awfulness?
NAHL - also in an area close to that of FPR, but see the drop there, despite their excellent reporting of the company's affairs.
Maybe this is one of those where the desire is to pick up close to the bottom, but perhaps best to really see the bottom before taking a plunge. So many times have I admired the low numbers in similar situations, only to find I only knew much less than half of the real story.